The butterfly defect : how globalization creates systemic risks, and what to do about it / Mike Mariathasan, Ian Goldin.

Format:

Book

Author/Creator:

Goldin, Ian, author.

Mariathasan, Mike, author.

Language:

English

Subjects (All):

Globalization.

Crisis management.

Risk management.

Physical Description:

1 online resource (319 p.)

Edition:

Course Book

Place of Publication:

Princeton, NJ : Princeton University Press, [2014]

Language Note:

English

Summary:

The Butterfly Defect addresses the widening gap between the new systemic risks generated by globalization and their effective management. It shows how the dynamics of turbo-charged globalization has the potential and power to destabilize our societies. Drawing on the latest insights from a wide variety of disciplines, Ian Goldin and Mike Mariathasan provide practical guidance for how governments, businesses, and individuals can better manage globalization and risk.Goldin and Mariathasan demonstrate that systemic risk issues are now endemic everywhere-in supply chains, pandemics, infrastructure, ecology and climate change, economics, and politics. Unless we address these concerns, they will lead to greater protectionism, xenophobia, nationalism, and, inevitably, deglobalization, rising inequality, conflict, and slower growth.The Butterfly Defect shows that mitigating uncertainty and risk in an interconnected world is an essential task for our future.

Contents:

Frontmatter

Contents

Boxes, Illustrations, and Tables

Preface

Acknowledgments

Introduction

1. Globalization and Risk in the Twenty-First Century

2. The Financial Sector

3. Supply Chain Risks

4. Infrastructure Risks

5. Ecological Risks

6. Pandemics and Health Risks

7. Inequality and Social Risks

8. Managing Systemic Risk

Notes

References

Index

Notes:

Includes bibliographical references and index.

Description based on online resource; title from PDF title page (publisher's Web site, viewed 23. Mai 2019)

ISBN:

1-4008-5020-7

OCLC:

1132226522